Dollar drifting on unemployment data expectation
May 07, 2015 14:41 pm UTC| Insights & Views
Since the latest subdued U.S. economic reports continued to fuel uncertainty over the strength of the recovery and streets stared at forthcoming the U.S. unemployment data, the dollar has been drifting near three month...

May 07, 2015 14:19 pm UTC| Insights & Views
Equity performance is mixed today as it seems risk aversion is abating. Performance this week at a glance in chart table - SP 500 - SP gained back some grounds lost yesterday. Federal Reserve chair Janet Yellen warned...

Safeguard Canadian dollar trade with calendar spread
May 07, 2015 14:11 pm UTC| Insights & Views
It looks like the Canadian dollar has been riding a gesture of rebounding oil prices to become the fastest-rising currency in the world in the Q1 of 2015.The Canadian dollar rose by nearly four per cent, far outstripping a...

Currency snapshot (commodity pairs)
May 07, 2015 13:43 pm UTC| Insights & Views
Dollar index trading at 94.53 (+0.4%). Strength meter (today so far) - Aussie +0.03%, Kiwi -0.21%, Loonie -0.46%. Strength meter (since last week) - Aussie +1.48%, Kiwi -0.85%, Loonie +0.47%. AUD/USD - Trading at...

Commodities snapshot (precious & industrial)
May 07, 2015 13:18 pm UTC| Insights & Views
Metals failed to gain today, in spite of weaker dollar. Performance this week at a glance in chart table - Gold - Gold fell towards $1178 support after bulls failed to break $1200 yesterday, gold might hover around...

May 07, 2015 13:04 pm UTC| Insights & Views
Energy segment is recovering after losing ground yesterday in New York trading. Weekly performance at a glance in chart table. Oil (WTI) - WTI is facing selling pressure after gaining close $62.6/barrel yesterday, as...

More hedging activities seen on NOK amid central bank’s policy season
May 07, 2015 12:56 pm UTC| Insights & Views
It will be a close call in Norway where the central bank will deliberate whether or not to cut interest rates from 1.25%.Will it follow the example of Canada and keep rates on hold, or will it follow Australia and cut 25...